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	<title>Comments on: Reward Robustness</title>
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	<link>http://www.overcomingbias.com/2010/01/rah-robustness.html</link>
	<description>Overcoming Bias is economist Robin Hanson’s blog, on honesty, signaling, disagreement, forecasting, and the far future.</description>
	<lastBuildDate>Sat, 11 Feb 2012 22:21:13 +0000</lastBuildDate>
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		<title>By: Overcoming Bias : Space vs. Time Allies</title>
		<link>http://www.overcomingbias.com/2010/01/rah-robustness.html#comment-473904</link>
		<dc:creator>Overcoming Bias : Space vs. Time Allies</dc:creator>
		<pubDate>Wed, 08 Jun 2011 03:33:12 +0000</pubDate>
		<guid isPermaLink="false">http://www.overcomingbias.com/?p=21692#comment-473904</guid>
		<description>[...] Fragility &#8211; The more that the parts of a civilization depend on one another, the more that damage to one part can put the whole at risk. In a time stretched civilization a very bad outcome [...]</description>
		<content:encoded><![CDATA[<p>[...] Fragility &#8211; The more that the parts of a civilization depend on one another, the more that damage to one part can put the whole at risk. In a time stretched civilization a very bad outcome [...]</p>
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		<title>By: Making the Human Brain Stronger; A Theory</title>
		<link>http://www.overcomingbias.com/2010/01/rah-robustness.html#comment-442231</link>
		<dc:creator>Making the Human Brain Stronger; A Theory</dc:creator>
		<pubDate>Thu, 04 Feb 2010 09:06:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.overcomingbias.com/?p=21692#comment-442231</guid>
		<description>[...]  [...]</description>
		<content:encoded><![CDATA[<p>[...]  [...]</p>
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		<title>By: Anders Sandberg</title>
		<link>http://www.overcomingbias.com/2010/01/rah-robustness.html#comment-442209</link>
		<dc:creator>Anders Sandberg</dc:creator>
		<pubDate>Wed, 03 Feb 2010 20:01:04 +0000</pubDate>
		<guid isPermaLink="false">http://www.overcomingbias.com/?p=21692#comment-442209</guid>
		<description>Just noticed a correspondance to Nature (http://www.nature.com/nature/journal/v463/n7281/full/463608b.html, Could a boom in technologies trap Feynman&#039;s simulator? by Dietrich Leibfried) that suggests another reason to get substitutability: the need for certain robust technologies even without the disaster. In the letter Leibfried notes that we may need several different technological implementations of quantum physics simulators to make sure they are giving accurate results. In the case of internet standards, there has been the tradition of demanding at least two different implementations of the same proposed standard, so that there is good reason to think it works.

I&#039;m not certain this technological demand is general enough to affect all of society, but maybe one could tweak standardization body rules and public call for bids to favour technologies with multiple implementations.</description>
		<content:encoded><![CDATA[<p>Just noticed a correspondance to Nature (<a href="http://www.nature.com/nature/journal/v463/n7281/full/463608b.html" rel="nofollow">http://www.nature.com/nature/journal/v463/n7281/full/463608b.html</a>, Could a boom in technologies trap Feynman&#8217;s simulator? by Dietrich Leibfried) that suggests another reason to get substitutability: the need for certain robust technologies even without the disaster. In the letter Leibfried notes that we may need several different technological implementations of quantum physics simulators to make sure they are giving accurate results. In the case of internet standards, there has been the tradition of demanding at least two different implementations of the same proposed standard, so that there is good reason to think it works.</p>
<p>I&#8217;m not certain this technological demand is general enough to affect all of society, but maybe one could tweak standardization body rules and public call for bids to favour technologies with multiple implementations.</p>
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		<title>By: Michael Metcalf Bishop</title>
		<link>http://www.overcomingbias.com/2010/01/rah-robustness.html#comment-442116</link>
		<dc:creator>Michael Metcalf Bishop</dc:creator>
		<pubDate>Tue, 02 Feb 2010 16:07:33 +0000</pubDate>
		<guid isPermaLink="false">http://www.overcomingbias.com/?p=21692#comment-442116</guid>
		<description>I would love it if Robin elaborates his explanation for replying to multiple people in one comment.  Even if this is a pure-status-grab, I have a hard time complaining about someone making such moves on the fantastic &lt;strong&gt;free &lt;/strong&gt;blog they write.</description>
		<content:encoded><![CDATA[<p>I would love it if Robin elaborates his explanation for replying to multiple people in one comment.  Even if this is a pure-status-grab, I have a hard time complaining about someone making such moves on the fantastic <strong>free </strong>blog they write.</p>
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		<title>By: mjgeddes</title>
		<link>http://www.overcomingbias.com/2010/01/rah-robustness.html#comment-442099</link>
		<dc:creator>mjgeddes</dc:creator>
		<pubDate>Tue, 02 Feb 2010 12:11:28 +0000</pubDate>
		<guid isPermaLink="false">http://www.overcomingbias.com/?p=21692#comment-442099</guid>
		<description>But most trades are settled before the event occurs.  I routinely trade on Betfair and the profit/loss is credited to my account right away - I don&#039;t have to wait for the event to occur.</description>
		<content:encoded><![CDATA[<p>But most trades are settled before the event occurs.  I routinely trade on Betfair and the profit/loss is credited to my account right away &#8211; I don&#8217;t have to wait for the event to occur.</p>
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		<title>By: anon</title>
		<link>http://www.overcomingbias.com/2010/01/rah-robustness.html#comment-442098</link>
		<dc:creator>anon</dc:creator>
		<pubDate>Tue, 02 Feb 2010 12:00:39 +0000</pubDate>
		<guid isPermaLink="false">http://www.overcomingbias.com/?p=21692#comment-442098</guid>
		<description>&lt;i&gt;why can’t simple trades work even for long-term bets on an existential disaster?&lt;/i&gt;

Because prediction markets need to be adjudicated after the event occurs, otherwise they don&#039;t work.  Unless the contracts happen to be denominated in paperclips, it&#039;s quite difficult to settle them after an unfriendly AI has taken over the world.</description>
		<content:encoded><![CDATA[<p><i>why can’t simple trades work even for long-term bets on an existential disaster?</i></p>
<p>Because prediction markets need to be adjudicated after the event occurs, otherwise they don&#8217;t work.  Unless the contracts happen to be denominated in paperclips, it&#8217;s quite difficult to settle them after an unfriendly AI has taken over the world.</p>
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		<title>By: mjgeddes</title>
		<link>http://www.overcomingbias.com/2010/01/rah-robustness.html#comment-442095</link>
		<dc:creator>mjgeddes</dc:creator>
		<pubDate>Tue, 02 Feb 2010 11:20:29 +0000</pubDate>
		<guid isPermaLink="false">http://www.overcomingbias.com/?p=21692#comment-442095</guid>
		<description>You can start making money off prediction markets immediately, no matter how far into the future an event is, or what its consequences are.  The probabilities shift up and down as more people put money on, and you simply &#039;Back&#039; (bet for the event) at a high price, and &#039;Lay&#039; (bet against the event) at a lower price.  Simple trading, why can&#039;t simple trades work even for long-term bets on an existential disaster?

Example: 

Initial Market on Unfriendly AI eating the world by 2020:

For $1 investment 
Day 1 Market - Best Prices

Back: $100    Lay:  $112

Ignorant punters have placed bets after Day 1 , I see that they&#039;ve underestimated the odds and I &#039;Back&#039; for big money.

Day 2 Market - Best Prices

Back: $20  Lay:  $23

A lot more money has gone on, some experts on AI have placed their bets, and the odds are now more reasonable.  I lay.

Result:  Backed at $100, Layed at $23. Profit after only a day.</description>
		<content:encoded><![CDATA[<p>You can start making money off prediction markets immediately, no matter how far into the future an event is, or what its consequences are.  The probabilities shift up and down as more people put money on, and you simply &#8216;Back&#8217; (bet for the event) at a high price, and &#8216;Lay&#8217; (bet against the event) at a lower price.  Simple trading, why can&#8217;t simple trades work even for long-term bets on an existential disaster?</p>
<p>Example: </p>
<p>Initial Market on Unfriendly AI eating the world by 2020:</p>
<p>For $1 investment<br />
Day 1 Market &#8211; Best Prices</p>
<p>Back: $100    Lay:  $112</p>
<p>Ignorant punters have placed bets after Day 1 , I see that they&#8217;ve underestimated the odds and I &#8216;Back&#8217; for big money.</p>
<p>Day 2 Market &#8211; Best Prices</p>
<p>Back: $20  Lay:  $23</p>
<p>A lot more money has gone on, some experts on AI have placed their bets, and the odds are now more reasonable.  I lay.</p>
<p>Result:  Backed at $100, Layed at $23. Profit after only a day.</p>
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		<title>By: Wei Dai</title>
		<link>http://www.overcomingbias.com/2010/01/rah-robustness.html#comment-442092</link>
		<dc:creator>Wei Dai</dc:creator>
		<pubDate>Tue, 02 Feb 2010 08:37:25 +0000</pubDate>
		<guid isPermaLink="false">http://www.overcomingbias.com/?p=21692#comment-442092</guid>
		<description>komponisto, Robin had previously expressed an interest in finding low cost ways to avoid high-status moves. See &lt;a href=&quot;http://www.overcomingbias.com/2010/01/status-audit.html&quot; rel=&quot;nofollow&quot;&gt;this post&lt;/a&gt;.</description>
		<content:encoded><![CDATA[<p>komponisto, Robin had previously expressed an interest in finding low cost ways to avoid high-status moves. See <a href="http://www.overcomingbias.com/2010/01/status-audit.html" rel="nofollow">this post</a>.</p>
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		<title>By: Tweets that mention Overcoming Bias : Reward Robustness -- Topsy.com</title>
		<link>http://www.overcomingbias.com/2010/01/rah-robustness.html#comment-442055</link>
		<dc:creator>Tweets that mention Overcoming Bias : Reward Robustness -- Topsy.com</dc:creator>
		<pubDate>Mon, 01 Feb 2010 21:47:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.overcomingbias.com/?p=21692#comment-442055</guid>
		<description>[...] This post was mentioned on Twitter by stefano bertolo, Christopher Patton. Christopher Patton said: http://j.mp/cpatton Reward Robustness http://bit.ly/9BWT1S [...]</description>
		<content:encoded><![CDATA[<p>[...] This post was mentioned on Twitter by stefano bertolo, Christopher Patton. Christopher Patton said: <a href="http://j.mp/cpatton" rel="nofollow">http://j.mp/cpatton</a> Reward Robustness <a href="http://bit.ly/9BWT1S" rel="nofollow">http://bit.ly/9BWT1S</a> [...]</p>
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		<title>By: Tyrrell McAllister</title>
		<link>http://www.overcomingbias.com/2010/01/rah-robustness.html#comment-441899</link>
		<dc:creator>Tyrrell McAllister</dc:creator>
		<pubDate>Sun, 31 Jan 2010 19:50:58 +0000</pubDate>
		<guid isPermaLink="false">http://www.overcomingbias.com/?p=21692#comment-441899</guid>
		<description>&lt;blockquote&gt;Human conversation adaptations do well at not only helping us infer what others know, but also what they know that others know, what they know others know that still others know, and so on up the meta-knowledge hierarchy.&lt;/blockquote&gt;

Yes, the human brain is good at keeping track of the threads of a conversation.  But it&#039;s not infinitely good.  Explicit threading is a technological assist that helps the brain keep track of threads even better.

Analogously, human brains are good at keeping track of their associates, their family, friends, and acquaintances.  But we still benefit from having address books.</description>
		<content:encoded><![CDATA[<blockquote><p>Human conversation adaptations do well at not only helping us infer what others know, but also what they know that others know, what they know others know that still others know, and so on up the meta-knowledge hierarchy.</p></blockquote>
<p>Yes, the human brain is good at keeping track of the threads of a conversation.  But it&#8217;s not infinitely good.  Explicit threading is a technological assist that helps the brain keep track of threads even better.</p>
<p>Analogously, human brains are good at keeping track of their associates, their family, friends, and acquaintances.  But we still benefit from having address books.</p>
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